New tax to hit commercial properties
As part of the Zimbabwe Revenue Authority (Zimra)’s plan to improve revenue inflows into state coffers, residential properties worth US$250 000 attract a one percent tax.
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NewDay Business distils some of the key numbers that shaped 2023.
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Punitive new taxes to hit SMEs hard
Women make up the majority of small-scale traders in Zimbabwe.
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Finance minister defends 2024 budget
Ncube said a surcharge on sugar drinks was introduced to create a cancer fund.
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‘Introduce one-off solidarity wealth taxes’
The organisation added that the taxing of the richest should be at rates high enough to significantly reduce the numbers and wealth of the richest people, and redistribute these resources.
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Deadly fiscal squeeze forces RBZ into caution... central bank plans US$6bn war chest to anchor stability
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AfDB redflags Zim over resource-backed loans... US$2,9 billion mortgaged between 2004 and 2019, bank claims
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Industries toy with bonds, stock markets to tackle ‘problematic’ VAT refunds
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